Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) Short Interest Up 195.0% in June

Nisun International Enterprise Development Group Co., Ltd (NASDAQ:AIOS) saw a large growth in short interest in June. As of June 30th, there was short interest totaling 16,452 shares, a growth of 195.0% from the June 15th total of 5,577 shares. Based on an average daily trading volume, of 117,723 shares, the short-interest ratio is presently 0.1 days. Approximately 7.0% of the shares of the stock are sold short.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Wall Street Zen cut Nisun International Enterprise Development Group to a “strong sell” rating in a research note on Saturday, June 27th. Weiss Ratings cut shares of Nisun International Enterprise Development Group from a “sell (d)” rating to a “sell (e+)” rating in a research report on Friday, April 24th. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Nisun International Enterprise Development Group Stock Down 5.9%

Shares of Nisun International Enterprise Development Group stock traded down $0.84 on Monday, reaching $13.43. 3,816 shares of the company were exchanged, compared to its average volume of 144,259. The business has a fifty day simple moving average of $14.74. Nisun International Enterprise Development Group has a fifty-two week low of $6.54 and a fifty-two week high of $98.00.

Nisun International Enterprise Development Group (NASDAQ:AIOS) last released its quarterly earnings results on Monday, April 20th. The company reported ($323.40) earnings per share for the quarter. The company had revenue of ($43.00) million during the quarter.

Nisun International Enterprise Development Group Company Profile

Nisun International Enterprise Development Group Co, Ltd, an investment holding company, provides technology-driven integrated supply chain solutions for enterprises and financial institutions in the People’s Republic of China and internationally. It offers professional solutions for technology supply chain management, technology asset routing, and digital transformation of tech and finance institutions. The company also provides a range of technology-driven customized financing solutions to small- and mid-sized enterprises (SMEs) to enhance SMEs’ access to capital through its closed-loop ecosystem built on fintech platforms; and direct banking solutions to small- and medium-sized commercial banks and other financial institutions in their distribution and management of direct banking and other financial products.